Breaking 🚨: Watch out for Cryptocurrency Scams involving ATM

Recently the US police department was made aware of a situation where it appeared someone was scammed out of a large sum of money.

The victim told detectives they received an email from PayPal indicating they had fraudulent activity on their account. And was instructed to request reimbursement. However, the victim was made to believe they had requested too much money and now they needed to pay it back.

That transaction was unsuccessful, then the victim was then instructed to ship the money to PayPal. The victim tried to send $16,000 in cash via UPS. An employee at UPS told the victim they were being scammed and called the police.

Unfortunately, the victim lost all the sum after the scammer instructed the victim to send the money through a Bitcoin ATM.